Tadawul Stock (1150) – Potential Continuation Setup After Struct

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Tadawul Stock (1150) – Potential Continuation Setup After StructAlinma BankTADAWUL_DLY:1150ama-BeepsπŸ“Š Tadawul Stock (1150) – Alinma Bank This setup is developing after a clear shift in market structure, where price has transitioned from a bearish phase into early signs of bullish intent. πŸ” Market Structure Breakdown Multiple CHoCH (Change of Character) signals indicate a transition from distribution to accumulation A confirmed BOS (Break of Structure) to the upside suggests buyers are stepping in Price is now trading around the 200 EMA, which is acting as a key dynamic level ⚑ Current Scenario Price is consolidating just below a minor resistance / liquidity zone The structure suggests a potential continuation move toward the higher time frame target The highlighted zone above represents a high-probability expansion area 🎯 Trade Plan Entry Zone: Around current consolidation / slight pullback Invalidation: Below recent structure low (risk clearly defined) Target: Higher time frame resistance (~32.60 zone) This provides a clean asymmetric RR setup, aligned with structure and momentum. 🧠 Strategic Context This is not a random trade β€” it aligns with: Sector-level strength (Energy showing early recovery signs) Structural shift on higher time frame Momentum building above key moving average ⚠️ Important Note This setup requires confirmation on lower time frames. Avoid chasing β€” let the market come into your zone. πŸ“Œ Tadawul Insight If you’re actively trading the Saudi market, follow for structured analysis and sector-based opportunities. More insights like this are shared under Tadawul Insight, focused on high-probability setups and market flow.